Reduce repossessions in error. Increase efficiencies.
Losing the lien is one of the top reasons lenders experience repossession in error. To mitigate risk and avoid this compliance disaster, automatically run Lien Verification. Confirm you are the active lien holder on any active loan by automating the process. This increases workflow efficiencies by having a proactive pulse on your liens.
Proactively check lien statuses across your portfolio.
Easily review lien status and stay informed of changes with real-time notifications with our online queue.
Automatically check for lien losses. When a potential loss is identified, you can auto-hold the case giving your team time to verify while mitigating any potential repossession in error.
"Wrongful repossessions have cost our bank $1MM annually."
LENDER AT LARGE NATIONAL BANK
Reduce Compliance Risk & Wrongful Repos
Unmatched Accuracy: Access reliable data for smarter decisions with VINChex's three-data source waterfall validation.
Verify On Your Schedule: Automatically check with desired frequency (ad hoc, pre-assignment, monthly, etc.)
Secure & Compliant Nationwide Coverage: Broad, 48-State Coverage Access lien data across 48 states including California and Florida.
Promote Transparency and Trust
Perform due diligence and asset verification before taking action.
Promote agent safety by sharing lien verification status, ensuring them assets are safe to repossess.
Prevent wrongful repossessions, improving relationships between borrowers and agents.